Org.nr 929 455 568 2023 → 2024 Year-over-year analysis

1X TECHNOLOGIES AS: årsregnskap 2024 vs 2023

Grew 32% on revenue, weaker earnings, fresh owner capital

approved 2025-06-12; registry 2025-06-26; journal 2025 569840

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 1X TECHNOLOGIES AS. Revenue 11.59m NOK → 15.25m NOK (+31.6%). Net result -129.30m NOK → -359.74m NOK. Equity 130.85m NOK → 546.60m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 1X TECHNOLOGIES AS.

Scorecard

Revenue
11.59m NOK 15.25m NOK
+31.6%
Operating result
-133.72m NOK -344.42m NOK
-157.6%
Net result
-129.30m NOK -359.74m NOK
-178.2%
Equity
130.85m NOK 546.60m NOK
+317.7%
Cash
43.34m NOK 9.33bn NOK
+21420.0%
Total assets
184.11m NOK 739.41m NOK
+301.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.59m NOK to 15.25m NOK (+31.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 130.85m NOK → 546.60m NOK (equity ratio 71.1% → 73.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 43.34m NOK → 9.33bn NOK (+21420.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 130.85m NOK → 906.34m NOK (+775.49m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -133.72m NOK → -344.42m NOK (op. margin -1154.2% → -2259.1%). Calculated

  • ↓

    Net result weakened

    Net result -129.30m NOK → -359.74m NOK (net margin -1116.0% → -2359.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 44.38m NOK → 2.11bn NOK (383% → 13838% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 19.12m NOK → 22.65m NOK (+18.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 526.3k NOK → 977.1k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 52 → 98. Reported fact